Post-Market, 1 June 2026: Sensex, Nifty Slip As FMCG, PSU Bank Stocks Drag

The Nifty 50 and the Sensex traded lower on Monday. They ended the day in negative territory. At the closing bell, the Nifty 50 stood at 23,382.60, down 0.70%, while the Sensex stood at 74,267.34, down 0.68%.

Broader markets also remained under pressure with the Nifty Midcap 100 and the Nifty Smallcap 100 ending the day 1.45% and 0.88% lower, respectively.

IT, Media Stocks Buck The Trend

Among sectoral indices, the Nifty IT and Nifty Media indices traded in positive territory. At the end of Monday’s trade, the Nifty IT and Nifty Media closed 2.66% and 1.37% higher.

However, losses in consumer-focused and defensive sectors weighed on the market. The Nifty FMCG, Nifty Auto and Nifty Healthcare indices underperformed their peers during the session. These indices closed 2.30%, 1.70% and 0.82% lower, respectively.

FMCG stocks emerged among the biggest drags on the benchmark indices, while PSU bank shares also remained under pressure.

Nifty 50 Gainers And Losers

Stocks of the following companies were the top gainers and losers on the Nifty 50 index:

Other Major Headlines

Some of the other major headlines of the day were:

• Ola Electric saw a 23% month-on-month increase in May as per data on the VAHAN portal.

• Toyota Kirloskar Motor recorded a 7% year-on-year (YoY) rise in total sales of its vehicles in May 2026.

• The Ministry of Jal Shakti has signed a memorandum of understanding (MOU) with ISRO to strengthen the usage of satellite technology and space-based applications to manage water resources in the country.

• Infosys, Tech Mahindra, TCS and Persistent Systems shares jumped as much as 5% in early trade as several tailwinds boosted investors' sentiments.

• Zee Entertainment shares jumped 7% in intraday trading after the company bagged broadcasting rights for the 2026 FIFA World Cup in India.

Gold And Silver Watch

Gold and silver prices began the day on a mixed note on the Multi-Commodity Exchange of India (MCX). Investors appeared cautious after a stronger US dollar and a sharp uptick in crude oil prices, while awaiting clarity on the US-Iran deal.

At 15:42, Gold June futures on the MCX stood at ₹1,54,805 per 10 grams, down 0.49%. July silver futures during the same time stood at ₹2,67,923 per kg, up 0.35%.

Also Read - India Keeps Domestic Jet Fuel Prices Unchanged for June After Airline Plea Amid Iran Conflict

Going ahead, investors are expected to track developments around the proposed US-Iran agreement, movements in crude oil prices and global market cues. Market participants will also watch whether the strength in IT stocks sustains and if selling pressure in FMCG and PSU bank counters eases in the coming sessions.

Sources:

Moneycontrol

The Economic Times